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currency and the u.s. bottom market we're only going to change when we have no alternative when the circumstances force us to change unfortunately by then the problems that have gotten so much bigger and the pain associated with correcting them is going to be so much greater. hopefully that's not what it takes to. the. president of euro pacific capital. now to the rise and fall of the big tech players first taking a look at apple not too long ago the company's scene was seen as untouchable and as a symbol of innovation but now apple's stock prices are falling and some aren't as impressed with the technology that it's been putting out and twitter on the other end has been pegged at to be valued at around ten billion dollars the wall street journal reports that twitter users increased forty percent in two thousand and twelve and when it comes to the cyber world of search engines and e-mail elite players could also be shaking up so we're going to discuss all of this tech stuff now with adrian jeffries reporte
currency and the u.s. bottom market we're only going to change when we have no alternative when the circumstances force us to change unfortunately by then the problems that have gotten so much bigger and the pain associated with correcting them is going to be so much greater. hopefully that's not what it takes to. the. president of euro pacific capital. now to the rise and fall of the big tech players first taking a look at apple not too long ago the company's scene was seen as untouchable and...
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u.s. defense and domestic programs. you might think it's finally time for congress to get serious about doing something to avoid the potential pain out there. but guess what? you would be wrong. our chief congressional correspondent dana bash is up on capitol hill to explain what is going on. go ahead, dana. explain. >> reporter: we can now report that those $85 billion in forced spending cuts will kick in by the end of the day tomorrow. why? because congress is the only place that has the power to stop them and they are gone. lawmakers racing down the capitol steps, bolting out of town for a long weekend. this was before noon, a full day before the hammer comes down on forced budget cuts they voted for. is there a concern that you all are going to leave town while these cuts kick in and you won't even be here? >> well, speaker and the leadership will be here and i'm a quick flight away. i go home every weekend to see my family. >> reporter: you're on your way out? are you on your way home
u.s. defense and domestic programs. you might think it's finally time for congress to get serious about doing something to avoid the potential pain out there. but guess what? you would be wrong. our chief congressional correspondent dana bash is up on capitol hill to explain what is going on. go ahead, dana. explain. >> reporter: we can now report that those $85 billion in forced spending cuts will kick in by the end of the day tomorrow. why? because congress is the only place that has...
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u.s. players played on mixed teams, ending in a tie. kim jong-un is said to be a big basketball fan. rodman also spoke to the crowd telling kim, quote, you have a friend for life. >>> giants star tim lincecum could soon be headed to court. his former landlord is accusing the pitcher of trashing his mission district townhome back in 2011 causing at least $200,000 in damage, something lincecum strongly denies. he says he's prepared to fight the case in open court but would rather handle it in a closed-door arbitration. the case is on hold while the court decides where it belongs. >>> alex smith is headed for kansas city and his now former teammates are letting him know what they really think and it's all good. 49 erdz tackle, joe stayly posted on twitter, quote, best of luck to alex in k.c., amazing teammate, friend and person. i know he will do great things there. another tweeted, quote, good luck mr. alex smith. i know you'll do great under andy reid in k.c., the ultimate pro. there are multiple reports the 49ers will send smith to the
u.s. players played on mixed teams, ending in a tie. kim jong-un is said to be a big basketball fan. rodman also spoke to the crowd telling kim, quote, you have a friend for life. >>> giants star tim lincecum could soon be headed to court. his former landlord is accusing the pitcher of trashing his mission district townhome back in 2011 causing at least $200,000 in damage, something lincecum strongly denies. he says he's prepared to fight the case in open court but would rather handle...
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a couple votes in the u.s. senate. a democratic vote to replace cuts in ten years, but the pay fors and cuts take a decade, including a 30% minimum tax rate for income amounts of over $5 million. as a republican plan, allows flexibility for the president to go and fill in the spending cuts from elsewhere in the budget. neither proposal will pass. the president meets with congressional leaders tomorrow at the white house. the rest of congress out at that point when spending cuts, automatic spending cuts begin tomorrow. leaders skeptical saying it's just a foe toll opportunity. -- photo opportunity. no deal, but voting is this afternoon. dagen: thank you. as we edge closer to the deadline, the impact of the cuts on the economy, on the market, could they be more drastic than investors bet on? to break it down, a professor at the international business schools, jeremy hills in studio with me, managing director at tf marketing advisers. katherine, will the impact on the economy, an economy only growing one-tenth of a percen
a couple votes in the u.s. senate. a democratic vote to replace cuts in ten years, but the pay fors and cuts take a decade, including a 30% minimum tax rate for income amounts of over $5 million. as a republican plan, allows flexibility for the president to go and fill in the spending cuts from elsewhere in the budget. neither proposal will pass. the president meets with congressional leaders tomorrow at the white house. the rest of congress out at that point when spending cuts, automatic...
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and so forth one key guy the u.s. ambassador in rome david thorne yale skull and. bones john kerry's roommate so the new secretary of state his roommate and his former brother in law is now the u.s. ambassador there and he led a coup against berlusconi in two thousand and eleven which was a coup done not with tanks but with spreads they had mario draghi at the european central bank they said look we're going to we're going to attack the italian government bonds. don't do anything to defend those bonds come in and help us to attack them the spread up up up the italian parliament panicked outgoes berlusconi and in comes this monti trilateral bill de burgh goldman sachs and he brings in a government of technocrats meaning austerity ghouls and what have they done fifteen months three percent more unemployment youth unemployment thirty seven percent production down ten percent orders down fifteen percent a disaster so that's the background for these elections and let's talk about. the former comedian a really interesting character here i mean if he won what could that m
and so forth one key guy the u.s. ambassador in rome david thorne yale skull and. bones john kerry's roommate so the new secretary of state his roommate and his former brother in law is now the u.s. ambassador there and he led a coup against berlusconi in two thousand and eleven which was a coup done not with tanks but with spreads they had mario draghi at the european central bank they said look we're going to we're going to attack the italian government bonds. don't do anything to defend...
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he announced the u.s. is going to provide direct non-lethal aide to the sirrians for the first time. the administration also giving an additional $60 million to help oust the president. secretary kerry has always joined on to a joint statement with 11 other senior officials from countries who plan to coordinate help to empower the sirrian people. and briton and france have indicated a desire to supply the people if the european union partners give the okay. in his state of the city address earlier this month, michael bloomberg announced his plan to get rid of plastic foam take-out containers. now a new quinnipiac poll shows that 69% of new york city voters are behind the idea and only 26% are against. less popular is his ban on big sodas. 51% of voters don't approve. the same poll asked a number of other questions including who city voters think the best mayor they have had in the past 50 years, rudy giuliani comes out on top, and then ed koch and bloomberg are tied for second. now. (vo) she gets the comed
he announced the u.s. is going to provide direct non-lethal aide to the sirrians for the first time. the administration also giving an additional $60 million to help oust the president. secretary kerry has always joined on to a joint statement with 11 other senior officials from countries who plan to coordinate help to empower the sirrian people. and briton and france have indicated a desire to supply the people if the european union partners give the okay. in his state of the city address...
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schwarzkopf will be buried next to his father at the u.s. military academy at west point. his family delayed the funeral because of potential conflicts with the presidential inauguration and martin luther king jr. day events. >>> the woman at the center of one of the most shocking anti-smoking campaigns of all time has died. the family of debbie austin says she died of cancer on friday at a hospital in southern california. austin first appeared on tv in 1996, smoking a cigarette through a hole in her throat. the anti-smoking ad was designed to illustrate just how addicting smoking can be. austin started smoking at age 13 and never quit. her larynx was removed when she was 42 to allow her to breathe. debbie austin was 62 years old. >>> meanwhile, sacramento lawmakers are considering a new law that would prohibit smoking in all multifamily homes. ab-746 was introduced by an assemblyman last week. the measure would prohibit smoking zbrelts, cigars or pipes induplexes and apartments. >>> boeing says it's come up with a permanent fix for the 787 dreamliner. their president made
schwarzkopf will be buried next to his father at the u.s. military academy at west point. his family delayed the funeral because of potential conflicts with the presidential inauguration and martin luther king jr. day events. >>> the woman at the center of one of the most shocking anti-smoking campaigns of all time has died. the family of debbie austin says she died of cancer on friday at a hospital in southern california. austin first appeared on tv in 1996, smoking a cigarette...
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. >> it's like the u.s. senate. >> the politicking does not happen in a public way, but inseed it happens. the cardinals eat together, they imbibe together at night, they have their conversations in their private coteries and, of course, they are talking about it. but we do believe the holy spirit has some say in it. >> we'll be watching the cardinals and the holy spirit, too, get to a little insight. >> something surreal about papal punditry. >> i love it. >>> still ahead this morning we'll be talking to california congressman xavier becerra weighing in on the looming spending cuts. we'll go back to the comment about this is like the congress. what's going on really behind closed doors? many cereals say they're good for your heart, but did you know there's a cereal that's recommended by doctors? it's post shredded wheat. recommended by nine out of ten doctors to help reduce the risk of heart disease. post shredded wheat is made with only one ingredient: one hundred percent whole grain wheat, with no added s
. >> it's like the u.s. senate. >> the politicking does not happen in a public way, but inseed it happens. the cardinals eat together, they imbibe together at night, they have their conversations in their private coteries and, of course, they are talking about it. but we do believe the holy spirit has some say in it. >> we'll be watching the cardinals and the holy spirit, too, get to a little insight. >> something surreal about papal punditry. >> i love it....
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he was there announcing the u.s. is sending $60 million in new aid to syrian rebels for the first time. >> steve: he stole the show from president obama at the national prayer breakfast a couple of weeks ago. remember this? >> you make 10 billed, you put in a billion. you make $10, you put in one. some people say, well, that's not fair because it doesn't hurt the guy who made $10 billion as much as the guy who made 10. where does it say you have to hurt the guy? >> steve: good point. now dr. ben carson revealing he rejected multiple attempts from the white house to get an advance copy of his speech. they wanted to know what's going to say. carson says he does not write his speeches out or use teleprompters. zing. he will speak again at cpac, the conservative political action conference, which starts just in a couple of weeks. >> brian: all right. the gsa bash in las vegas cost $800,000. turns out it's really not that bad. it's just tip of the iceberg. new congressional report shows taxpayers paid 340 million bucks fo
he was there announcing the u.s. is sending $60 million in new aid to syrian rebels for the first time. >> steve: he stole the show from president obama at the national prayer breakfast a couple of weeks ago. remember this? >> you make 10 billed, you put in a billion. you make $10, you put in one. some people say, well, that's not fair because it doesn't hurt the guy who made $10 billion as much as the guy who made 10. where does it say you have to hurt the guy? >> steve: good...
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first time i won for the u.s. house of representatives was 1980. ronald reagan carried north dakota in a huge landslide. so people were on the republican side of the ticket voting for ronald reagan, came back over in large part, voted for me. i won with 57% that year. north dakotans are ticket splitters. they take a look at the candidate much more so than the party. although i must admit only two presidential candidates, two democratic presidential candidates in 100 years have gotten the votes of north dakota. they traditionally vote republican for president. but other than that, they're very choosy and they want someone they can trust someone they like and heidi heitkamp ran a great campaign. she will be a terrific senator. >> bill: you have been out of the senate now for two years. among other things, you're writing novels. and you have another one coming out. you've been working with a bipartisan policy center, particularly on the energy issue. and releasing your recommendations yesterday. to the congress and the president. what are you suggesti
first time i won for the u.s. house of representatives was 1980. ronald reagan carried north dakota in a huge landslide. so people were on the republican side of the ticket voting for ronald reagan, came back over in large part, voted for me. i won with 57% that year. north dakotans are ticket splitters. they take a look at the candidate much more so than the party. although i must admit only two presidential candidates, two democratic presidential candidates in 100 years have gotten the votes...
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. >>> it has been 573 days since the u.s. lost its top credit rating and what are we doing to get it back? with those forced spending cuts two days away, a lot of people are in limbo. on friday, indiana will halt unemployment benefits until it gets more guidance from washington. >>> and cutting detainees loose. the immigration and enforcement agency has released several hundred detainees ahead of the forced spending cuts. i.c.e. says they're just moving the detainees to less costly forms of supervision. republicans call the move outrageous and accuse the obama administration of resorting to scare tactics. our jim acosta is "outfront." >> reporter: to prepare for those looming the forced budget cuts, federal immigration authorities say they've released what they're describing as several hundred detainees who are in the process of being removed from the country. one of those detainees, 19-year-old mexican immigrant, miguel hernandez, told cnn, he was just sent on his way, without any directions, and without any monitoring. >> s
. >>> it has been 573 days since the u.s. lost its top credit rating and what are we doing to get it back? with those forced spending cuts two days away, a lot of people are in limbo. on friday, indiana will halt unemployment benefits until it gets more guidance from washington. >>> and cutting detainees loose. the immigration and enforcement agency has released several hundred detainees ahead of the forced spending cuts. i.c.e. says they're just moving the detainees to less...
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this evening the u.s. senate confirmed jack lew to be the new treasury secretary. >> ifill: online, we profile a young man who grew up in a tough neighborhood and then returned with a mission to give back. hari sreenivasan has the details. >> sreenivasan: after graduating from duke univeristy, social entrepreneur donnel baird came home to brooklyn, where he runs bloc power-- providing job training and connecting community groups so they get discounts on energy-saving products. we spotlight baird's work in our agents for change series. plus, larry kotlikoff, a regular contributor to making sense, argues the sequester won't help the u.s. deficit problem. he says the nation's debt is much higher than we acknowledge. all that and more is on our website newshour.pbs.org. jeff? >> brown: and that's the "newshour" for tonight. on thursday, with just one day to go before automatic spending cuts hit. we talk with public media reporters around the country about the possible impact on their communities. i'm jeffrey b
this evening the u.s. senate confirmed jack lew to be the new treasury secretary. >> ifill: online, we profile a young man who grew up in a tough neighborhood and then returned with a mission to give back. hari sreenivasan has the details. >> sreenivasan: after graduating from duke univeristy, social entrepreneur donnel baird came home to brooklyn, where he runs bloc power-- providing job training and connecting community groups so they get discounts on energy-saving products. we...
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the u.s. postal service®, no business too small. i honestly loved smoking, and i honestly didn't think i would ever quit. [ male announcer ] along with support, chantix is proven to help people quit smoking. it reduces the urge to smoke. it put me at ease that you could smoke on the first week. [ male announcer ] some people had changes in behavior, thinking or mood, hostility, agitation, depressed mood and suicidal thoughts or actions while taking or after stopping chantix. if you notice any of these stop taking chantix and call your doctor right away. tell your doctor about any history of depression or other mental health problems, which could get worse while taking chantix. don't take chantix if you've had a serious allergic or skin reaction to it. if you develop these stop taking chantix and see your doctor right away as some can be life-threatening. if you have a history of heart or blood vessel problems, tell your doctor if you have new or worse symptoms. get medical help right away if you have symptoms of a heart attack. use
the u.s. postal service®, no business too small. i honestly loved smoking, and i honestly didn't think i would ever quit. [ male announcer ] along with support, chantix is proven to help people quit smoking. it reduces the urge to smoke. it put me at ease that you could smoke on the first week. [ male announcer ] some people had changes in behavior, thinking or mood, hostility, agitation, depressed mood and suicidal thoughts or actions while taking or after stopping chantix. if you notice any...
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. >>> the u.s. government is spending about $3.8 trillion this year but if there's no deal by friday night, agencies will have to cut a fraction of that, about $85 billion clarz. so our big question is that, why would that amount have an impact in the overall economy. tom foreman is analyzing that. have you figured it out, tom? >> when you look at the $3.8 trillion, all these different programs out here, if you've cut out this amount down here, 85 billion, how can can that little slice of all this make a difference? one of the reasons it makes a difference, one of the reasons is because washington is not really looking at the whole budget and they haven't for a long, long time because what you have to consider is that all of the entitlement programs are out of the equation and these programs are bigger than all of the other programs. we aren't really cutting a whole budget. we're talking about putting these cuts in part of the budget. if you look at what has happened to entitlements, look at just de
. >>> the u.s. government is spending about $3.8 trillion this year but if there's no deal by friday night, agencies will have to cut a fraction of that, about $85 billion clarz. so our big question is that, why would that amount have an impact in the overall economy. tom foreman is analyzing that. have you figured it out, tom? >> when you look at the $3.8 trillion, all these different programs out here, if you've cut out this amount down here, 85 billion, how can can that little...
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the u.s. has capabilities to deal with this very late stage in the game. again, we are back to where we were last year. it's going to be obama trying to convince netanyahu not to do anything because the united states has it. >> the new secretary of state feeling his way in terms of the relationship. >> a newer secretary of defense who is going to be deeply involved in this. >> perless times. thank you very much. >>> up next, thousands turn out to hear pope benedicts final message. we are live from rome. >>> political peril from both sides of the sequester. debby watserman schultz joins us. but isn't it time to turn the page on your cup of joe? gevalia, or a cup of johan, is like losing yourself in a great book. may i read something? yes, please. of course. a rich, never bitter taste cup after cup. net weight 340 grams. [ sighs ] [ chuckles ] [ announcer ] always rich, never bitter. gevalia. herbal essences smooth and shine collections are back and more irresistible than ever. mmm... [ ding ] [ moaning ] [ male announcer ] with herbal botanicals of rose hip
the u.s. has capabilities to deal with this very late stage in the game. again, we are back to where we were last year. it's going to be obama trying to convince netanyahu not to do anything because the united states has it. >> the new secretary of state feeling his way in terms of the relationship. >> a newer secretary of defense who is going to be deeply involved in this. >> perless times. thank you very much. >>> up next, thousands turn out to hear pope benedicts...
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the study found u.s. advertisers plan to spend more than $4 billion. 64% want to boost their social media budget this year. but e market reports social media advertising lags far behind other ad channels. these the latest from fox business, giving you the power to prosper. lori: could the man in charge of the international stock exchange get rid of the new york stock exchange just after buying the iconic marketplace? senior correspondent charlie gasparino here with exclusive new details. >> i can tell you just about every banker and every market participant in this space known as the exchange space, there is lots of activity as we were first to report. nasdaq held talks with carlisle. there is lot of stuff going on in terms of buying and selling, mergers and acquisitions but these people are clearly pointing to the potential and very real potential that jeff sprekter at some point, the ceo of the ice unclouds -- unloads cash equities business. it has a lot stuff going on the european derivatives business
the study found u.s. advertisers plan to spend more than $4 billion. 64% want to boost their social media budget this year. but e market reports social media advertising lags far behind other ad channels. these the latest from fox business, giving you the power to prosper. lori: could the man in charge of the international stock exchange get rid of the new york stock exchange just after buying the iconic marketplace? senior correspondent charlie gasparino here with exclusive new details....
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i like u.s. equities, i like emerging market equities and if you're going to be in thick income, be on the credit side. i look at what zbois going on i the united states with corporate america sitting there with a cash on their balance sheets and think we're poised to do well for the next couple of years. >> why do you see growth improving overseas? we know china may be coming back but they're flooding their system with the shadow banking, so their leverage increased dramatically. in europe, the growth has gone the other way. it has declined and worsened there. >> i don't view europe as emerging markets are much more interesting. china, it seems to have stabilized. it had been an area of concern. i don't think it is going to surge tremendously, i think they have it under control which is a plus. i think other parts of the emerging markets are looking pretty corrective as well. >> are you at all worried that italy could upset the view and the direction of the market, at least in the near term? >>
i like u.s. equities, i like emerging market equities and if you're going to be in thick income, be on the credit side. i look at what zbois going on i the united states with corporate america sitting there with a cash on their balance sheets and think we're poised to do well for the next couple of years. >> why do you see growth improving overseas? we know china may be coming back but they're flooding their system with the shadow banking, so their leverage increased dramatically. in...
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. >> is the u.s. willing to directly aid the fighters on the ground and is that enough to change assad's administration? >> he needs to know that he can't shoot his bayway out of this and so we need to convince him of that, and i think the opposition needs more help in order to be able to do that and we are working together to have a united position with respect to that. >> the secretary hinted the u.s. might start to distribute aid in rebel held parts of syria. secretary kerry expected to talk more about the syria question at an international conference tomorrow in rome. charlie and norah? >> clarissa ward thank you. >>> the supreme court today is hearing arguments over the landmark 1965 law, at issue, whether voting rights are secure enough now to allow the rollback of protections from the civil rights era. john crawford is at the supreme court. jan, this has far-reaching consequences. tell us about what's at issue here? >> reporter: the voting rights act is one of the most arguments now just under
. >> is the u.s. willing to directly aid the fighters on the ground and is that enough to change assad's administration? >> he needs to know that he can't shoot his bayway out of this and so we need to convince him of that, and i think the opposition needs more help in order to be able to do that and we are working together to have a united position with respect to that. >> the secretary hinted the u.s. might start to distribute aid in rebel held parts of syria. secretary...
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the u.s. embassy in peru says the couple is heading for ecuador. the couple son a psyis on a cyc that started in november. >>> christina loren has that forecast. >> we've got a beautiful day, comfortable temperatures and good air quality. hard to believe we're still in winter in the bay area. two more days of february to go and temperatures are going to continue to climb as we finish off the month. 70 degrees livermore, 70 gilroy, 68 on the way for san jose today. getting into the first day of march friday, 74 degrees, even warmer saturday. then the rain returns and temperatures drop like a rock heading into next week. rain on the way for tuesday, wednesday and thursday. >>> good morning, fremont great right here by the truck scales and by tesla, but just north of here the map shows you why it's lighter traffic here. folks are held up going southbound out of newark passing dekoto and stevenson a crash on the shoulder. folks are really slowing down over the last ten minutes heading down toward mission boulevard. if you are on the roadway, take cherr
the u.s. embassy in peru says the couple is heading for ecuador. the couple son a psyis on a cyc that started in november. >>> christina loren has that forecast. >> we've got a beautiful day, comfortable temperatures and good air quality. hard to believe we're still in winter in the bay area. two more days of february to go and temperatures are going to continue to climb as we finish off the month. 70 degrees livermore, 70 gilroy, 68 on the way for san jose today. getting into...
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look at it this way, if the u.s. treasury sells you a cash flow stream, what they're saying is a dollar today is a dollar of annual cash flow is worth hundreds of dollars. on the other hand, a dollar of apple's earnings is worth somewhere in the low teens. if you transfer that low pe cash flow into very high multiple bond flow, that's great. his proposal is essentially that. take part of apple and make it look more like a bond. in theory, that could add value. >> you sound like you're behind that. i wonder if you think the company can be brought around to that point of view. >> well, you know, it's -- it is probably not in the top 1 or 2 things i think about when i think of apple. i think of innovation and the competitive situation. and i also try to draw a distinction between the cash flow, which really is a measure of what kind of a premium they can get for their products versus their cash hoard. the cash hoard is the spoils of past victory. the positive cash flow, that's a measure of how competitive the products a
look at it this way, if the u.s. treasury sells you a cash flow stream, what they're saying is a dollar today is a dollar of annual cash flow is worth hundreds of dollars. on the other hand, a dollar of apple's earnings is worth somewhere in the low teens. if you transfer that low pe cash flow into very high multiple bond flow, that's great. his proposal is essentially that. take part of apple and make it look more like a bond. in theory, that could add value. >> you sound like you're...
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. >>> sources stress the u.s. is not considering providing weapons to syrian rebels, but will provide nonmilitary supplies. john kerry is discussing changes with european allies this week. >>> in north carolina, the search on for a gunman at coastal carolina university. the school warning people stay indoors. the deadly incident happened last night at a residence hall, not far from myrtle beach. >>> a scare from the university of maine women's basketball team. while traveling to a game in boston last night, the bus went off interstate 95 in massachusetts. coming to a stop on the roadway's shoulder. the bus driver air lifted to a hospital. he may have suffered some kind of medical emergency. four other people injured as well. >>> stunning footage to show you this morning. amateur video for the first time, capturing the moment a hot air blah loon exploded and plumtetted 1,000 feet to earth. 19 people killed when the balloon crashed yesterday. a british tourist in the hospital. the balloon was licensed and operating
. >>> sources stress the u.s. is not considering providing weapons to syrian rebels, but will provide nonmilitary supplies. john kerry is discussing changes with european allies this week. >>> in north carolina, the search on for a gunman at coastal carolina university. the school warning people stay indoors. the deadly incident happened last night at a residence hall, not far from myrtle beach. >>> a scare from the university of maine women's basketball team. while...
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the u.s. economy is actually growing at probably about a 2% rate. so if the fll suesr goes in and stays in place for the full year between now and the end of the year, then it's essentially what mr. bernanke is saying growth will be 1.5% instead of 2%. i doubt very much that's the way it's going to pan out. eventually some kind of compromise will be worked out. but again the good news is that the u.s. consumers, u.s. businesses, are beginning to spend, are beginning to hire in the case of businesses, and that momentum seems to actually be picking up a little bit. so even in the worst case scenario we're not talking a ression. we're talng slower growth which isn't good... >> ifill: not good at a time when you're recovering. so when people look at this debate that's going on now, how do we look at it? do we look at it long-term, short term? do we look at the reality or the possibility? what is the greatest, most damaging part of this? >> well, i think the damaging part of it is, you know, this i
the u.s. economy is actually growing at probably about a 2% rate. so if the fll suesr goes in and stays in place for the full year between now and the end of the year, then it's essentially what mr. bernanke is saying growth will be 1.5% instead of 2%. i doubt very much that's the way it's going to pan out. eventually some kind of compromise will be worked out. but again the good news is that the u.s. consumers, u.s. businesses, are beginning to spend, are beginning to hire in the case of...
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Feb 27, 2013
02/13
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CNNW
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perfusionists lawsuit uses all seven letters. >>> it has been 572 days since the u.s. lost its top credit rating. what are we doing to get it back? with forced spending cuts set to take effect in four days, ben bernanke says the cuts would add a significant burden to the recovery. the congressional budget office says economic growth would take a hit of just over half a percent this year alone. >>> now our fourth story "outfront," remembering trayvon martin. tonight hundreds of people are gathered in new york city to remember the 17-year-old one year after he was shot and killed by a florida neighborhood watchman, george zimmerman. trayvon's parents attended the vigil at union square and observed a moment of silence just a few moments ago in memory of their son. george zimmerman says he shot trayvon martin in self-defense and zimmerman remains in florida, where david mattingly is tonight with the latest. david, you are obviously in sanford where this tragic incident happened a year ago today. what's happening there? >> reporter: erin, what we saw happening here tonight
perfusionists lawsuit uses all seven letters. >>> it has been 572 days since the u.s. lost its top credit rating. what are we doing to get it back? with forced spending cuts set to take effect in four days, ben bernanke says the cuts would add a significant burden to the recovery. the congressional budget office says economic growth would take a hit of just over half a percent this year alone. >>> now our fourth story "outfront," remembering trayvon martin. tonight...
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u.s. supreme court today ruled that a civil rights group does not have the standing to challenge the government's warrantless wiretapping program an update on the face of fight ahead. and it's a government agency charged with keeping the u.s. so what are the biggest threats the secretary of homeland security outlined some of the issues today we'll fill you in. and say you have a g. mail account like many people around the world we depend on google to keep us connected but a consumer group alleges google is invading your privacy details coming up. it's tuesday february twenty sixth four pm here in washington d.c. i'm liz wall and you're watching our t.v. well the supreme court today made a decision that could have a big impact on your right to privacy and a five to four vote the supreme court ruled that people do not have the legal standing to challenge the foreign intelligence surveillance act of the law allows the government to incept intercept foreign communications the lawsuit is from a
u.s. supreme court today ruled that a civil rights group does not have the standing to challenge the government's warrantless wiretapping program an update on the face of fight ahead. and it's a government agency charged with keeping the u.s. so what are the biggest threats the secretary of homeland security outlined some of the issues today we'll fill you in. and say you have a g. mail account like many people around the world we depend on google to keep us connected but a consumer group...
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Feb 26, 2013
02/13
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CNN
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also in a few minutes u.s. senate expected to vote on chuck hagel president obama's controversial nominee for defense secretary. we'll bring to it live. more on what's going on in egypt right now. a holt air balloon carrying lots of tourists explodes and plummets to the ground. we're finding out how this could happen. we're going live to egypt. i'm wolf blitzer. you're in "the situation room." >>> we begin with the huge winter storm, the national weather service is now calling historic. cities like amarillo, texas, wichita, kansas have broken snowfall records. 45 million in 21 states are being affected one way or another. the storm is blamed for at least three deaths. look at this. it's even dangerous after the storm blows away. in kansas city, the heavy wet snow is causing roofs to collapse. nobody was hurt in this building. but the snow is also bringing down tree limbs on to power lines. in kansas city thousands of people are reported without power. george, what's going on? >> reporter: this is par for the co
also in a few minutes u.s. senate expected to vote on chuck hagel president obama's controversial nominee for defense secretary. we'll bring to it live. more on what's going on in egypt right now. a holt air balloon carrying lots of tourists explodes and plummets to the ground. we're finding out how this could happen. we're going live to egypt. i'm wolf blitzer. you're in "the situation room." >>> we begin with the huge winter storm, the national weather service is now...
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Feb 26, 2013
02/13
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CNNW
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any minute the u.s. senate should begin voting on president obama's controversial nomination of chuck hagel to be defense secretary. we'll go there live right after the break. later we'll also go live to egypt and that site of that horrifying accident that brought down a hot air balloon. female a] from tracking the bus. ♪ to tracking field conditions. ♪ wireless is limitless. there's nothing like our grilled lobster and lobster tacos. the bar harbor bake is really worth trying. [ male announcer ] get more during red lobster's lobsterfest. with the year's largest selection of mouth-watering lobster entrees. like our delicious lobster lover's dream, featuring two kinds of succulent lobster tails. or our savory, new grilled maine lobster and lobster tacos. it's back, but not for long. [ woman ] our guests go crazy for lobsterfest. my favorite entree is the lobster lover's dream. what's yours? come celebrate lobsterfest and sea food differently. the people of bp made a comecommitment to the gulf., and ev
any minute the u.s. senate should begin voting on president obama's controversial nomination of chuck hagel to be defense secretary. we'll go there live right after the break. later we'll also go live to egypt and that site of that horrifying accident that brought down a hot air balloon. female a] from tracking the bus. ♪ to tracking field conditions. ♪ wireless is limitless. there's nothing like our grilled lobster and lobster tacos. the bar harbor bake is really worth trying. [ male...
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Feb 26, 2013
02/13
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KQED
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rose: in less than four days $85 billion in aubling spending cuts will begin to ripple through the u.s. economy. the impact will be felt across society from education, to medical care to national defense. the sequester deadline imposed in the summer of 2011 was intended to sharpern the government's focus on the fat debt. president obama pushed for a last minute compromise to lessen the economic damage. >> these impacts will not all be felt on day one. but rest assured the uncertainty is already having an effect. companies are preparing layoff notices. families are preparing to cut back on expenses. and the longer these cuts are in place, the bigger the impact will become. >> these cut does not have to happen. congress can turn them off any time with just a little bit of compromise. >> rose: steve rattner has had a distinguished career in journalism, business and government, instrumental in turning around the automobile industry, and currently chairman of advisors and the economic analyst for msnbc's morning joses and a regular contributer to the "new york times" and financial times. so
rose: in less than four days $85 billion in aubling spending cuts will begin to ripple through the u.s. economy. the impact will be felt across society from education, to medical care to national defense. the sequester deadline imposed in the summer of 2011 was intended to sharpern the government's focus on the fat debt. president obama pushed for a last minute compromise to lessen the economic damage. >> these impacts will not all be felt on day one. but rest assured the uncertainty is...
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Feb 26, 2013
02/13
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CNBC
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from a u.s. investors perspective all that matters is stream of stock flows under lying stock price. what happened in italy doesn't kneesly in the short-term or long-term impact that stream. >> you think the path of least resistance for u.s. markets is still up then. >> this is something, one of the smartest guys in our office, we've been talking about this for several days. certainly feels like there's a bias for higher prices. we're looking at a number of internal indicators. some we've talked about on air in the past that suggest for the immediate future the path is probably sideways at best if not lower. >> i would also like to ask about currency, louise. what do you think the implications are for the euro. whas bad for euro means a strong dollar. a strong dollar can in its turn wreak havoc in certain sectors of the u.s. economy. >> absolutely. you've seen the euro fall like a stone, as we got the italian election results came out. you literally watched it fall from buying $1.33 preelection r
from a u.s. investors perspective all that matters is stream of stock flows under lying stock price. what happened in italy doesn't kneesly in the short-term or long-term impact that stream. >> you think the path of least resistance for u.s. markets is still up then. >> this is something, one of the smartest guys in our office, we've been talking about this for several days. certainly feels like there's a bias for higher prices. we're looking at a number of internal indicators. some...
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Feb 26, 2013
02/13
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FBC
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from u.s. housing to italy, political chaos in italy sending shockwaves across european markets today. italy's market plunging 5%. major indexes from london to paris, they lost well over 1%, 2% on the cac and dark. comes as no party actually won enough votes to form a majority in italy's parliament, that means the leaders, former prime minister, silvio berlusconi, he is back, comedian turned politician and peair bersani have to govern together. mario can monty putting measures to try to get italy's economy back on track and could go out the window. tracy: was this one big vote against mama germany? we don't want you to tell us what to do? ashley: exactly. no one likes to pay taxes. they're paying taxes like greece. they want perlous scone any said, forget about it. you don't need to pay taxes. that is the italian way of life. that is quarter past. just after quarter past. time to check the markets. nicole petallides on the floor of the new york stock exchange where we go about every 15 minutes.
from u.s. housing to italy, political chaos in italy sending shockwaves across european markets today. italy's market plunging 5%. major indexes from london to paris, they lost well over 1%, 2% on the cac and dark. comes as no party actually won enough votes to form a majority in italy's parliament, that means the leaders, former prime minister, silvio berlusconi, he is back, comedian turned politician and peair bersani have to govern together. mario can monty putting measures to try to get...
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Feb 26, 2013
02/13
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WRC
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pointed to the successes of the department, saying that it helped remove 250,000 criminals from the u.s. and legal immigration attempts now at 40-year lows. >>> police are asking for your help finding a person of interest in a crime spree that includes the murders of an elderly cup until faulkier county. police want to question john jeffreys in connection with the murders of nelson and ethel slack. the couple was found dead in their home near the plains sunday. police also suspect jeffreys was involved in a home invasion in fredericksburg. the 67-year-old homeowner fought back, hitting the intruder over his head with an oxygen tank. jeffreys may have suffered injuries to his head in the process. >>> meantime, it's back to the drawing board for prosecutors this morning after a double-murder trial gets thrown off the tracks. a judge declared a mistrial in the jason scott trial yesterday. scott is accused of killing delores and her daughter, ebony dewitt, in largo in 2009. a detective on the witness stand referenced scott's involvement in several unrelated home invasions. the judge said th
pointed to the successes of the department, saying that it helped remove 250,000 criminals from the u.s. and legal immigration attempts now at 40-year lows. >>> police are asking for your help finding a person of interest in a crime spree that includes the murders of an elderly cup until faulkier county. police want to question john jeffreys in connection with the murders of nelson and ethel slack. the couple was found dead in their home near the plains sunday. police also suspect...
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Feb 26, 2013
02/13
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KNTV
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u.s. markets. separately, though, home depot reporting strong earnings this morning. home improvement retailer thanking the turnaround in housing as well as all that repair work done in the wake of super storm sandy for those increasing profits. natalie? >> courtney reagan at the new york stock exchange, thanks. >>> airports, as you know, can be very frustrating places but there is no reason to get this angry. take a look. chinese government official flew into an epic tantrum when he learned he had missed his flight -- actually, his second flight that he missed. he took his anger out on airport staff and two innocent computers. the video has gone viral on chinese social media and now he has been suspended from his post and he faces punishment charges. guys, you'll notice security is standing off behind that rope there. turns out because he outranks the security guards, they were afraid to step in, if you can believe that. >> that and a chair. >> yeah. >> you might be able to say former gov
u.s. markets. separately, though, home depot reporting strong earnings this morning. home improvement retailer thanking the turnaround in housing as well as all that repair work done in the wake of super storm sandy for those increasing profits. natalie? >> courtney reagan at the new york stock exchange, thanks. >>> airports, as you know, can be very frustrating places but there is no reason to get this angry. take a look. chinese government official flew into an epic tantrum...
WHUT (Howard University Television)
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Feb 26, 2013
02/13
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WHUT
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aren't state gofertz the u.s. government -- the u.s. government requires a warrant for some kinds of information, does it not, whereas, what it does to evade that, we hear, for example, the pentagon which has an enormous snoop potential -- i don't mean to use that word in a bad sense, but let's say monitoring potential, and all college students, i believe, are said to be within the per view of the pentagon. that's obtained through a contract that the pentagon issues with, i guess, choicepoint? >> it's a different private company but they are basically trying to compile records on students so they can reach out to them and recruit them into the military. >> what do you think of the pentagon having dossiers on every young person in america, mr. chairman? >> i haven't heard that honestly. it's obviously a huge task and i don't think it's being done in the light that you are talking about. i think they are probably trying to identify those individuals that would be a high risk in terms of potential terror to this country, and i think that's
aren't state gofertz the u.s. government -- the u.s. government requires a warrant for some kinds of information, does it not, whereas, what it does to evade that, we hear, for example, the pentagon which has an enormous snoop potential -- i don't mean to use that word in a bad sense, but let's say monitoring potential, and all college students, i believe, are said to be within the per view of the pentagon. that's obtained through a contract that the pentagon issues with, i guess, choicepoint?...
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Feb 26, 2013
02/13
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FBC
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and the fear of what the collapse of euro and connection with the u.s., first the u.s. has a lot of investment in europe, so, i mean, these kind of uncertainty, they trigger and they spill out, but there is another big thing. and the u.s. based a lot of kind of prospective growth on experts and when you don't export. when the countries are buying your stuff are doing really, really badly, that's another kind of channel for trouble for us. >> and one last one. i'm told that austerity is the result of spending cuts in europe. is that accurate? >> hardly. hardly. i mean, there are some countries who actually cut spending a little bit, but these countries have also overwelcomingly increased taxes. >> that's it. it's a tax increase as opposed to a spending cut produced this misery? >> and by the way, alberto al seena of harvard and some of the co-authors have shown this is the worst way to reduce debt to gdp ratio. this balanced approach, the president likes, the mix-up can prevent spending cuts, but absolutely real tax increases. stuart: veronique de rugy, you make a lot of
and the fear of what the collapse of euro and connection with the u.s., first the u.s. has a lot of investment in europe, so, i mean, these kind of uncertainty, they trigger and they spill out, but there is another big thing. and the u.s. based a lot of kind of prospective growth on experts and when you don't export. when the countries are buying your stuff are doing really, really badly, that's another kind of channel for trouble for us. >> and one last one. i'm told that austerity is...
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Feb 26, 2013
02/13
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. >>> the u.s. census will stop using the word "negro" in its surveys. most people no longer identify with the term and find it quite offensive. the bureau will use black or african-american. >>> gm will sell 4g at&t wireless connections next year on most of its 2015 models. gm hopes the high speed connection will offer drivers new services, the deal ends a long relationship gm had with verizon. >>> today marks one year since trayvon martin was killed, and since then his parents have gone from mourners to activists, speaking out against gun violence in america. cnn's piers morgan asked them about a possible result in the upcoming trial of george zimmerman who has been charged with killing their son. >> are you ready to let justice take its course, however that turns out, in other words if at the end of this trial, george zimmerman is exonerated of illegally killing your son, would you be prepared to publicly accept that verdict? >> well, that's something that we've always asked for. we've always asked for an arrest, we've always asked for just for it to
. >>> the u.s. census will stop using the word "negro" in its surveys. most people no longer identify with the term and find it quite offensive. the bureau will use black or african-american. >>> gm will sell 4g at&t wireless connections next year on most of its 2015 models. gm hopes the high speed connection will offer drivers new services, the deal ends a long relationship gm had with verizon. >>> today marks one year since trayvon martin was killed,...
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Feb 26, 2013
02/13
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WRC
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u.s. embassy officials say there's no indication that any americans were among the victims. for the second time in a week, a major winter storm is bearing down on the midwest. heavy snow and high winds caused whiteouts on monday in texas and oklahoma panhandle. the blizzard conditions are now moving east, closing schools today in parts of kansas. it cou they could get up to two feet of snow. >>> president obama take his budget battle to a ship building yard in virginia to highlight the impact of automatic budget cuts. they take effect friday unless the white house and congressional republicans can reach a deal to reduce the federal deficit. >>> the vatican announced today that pope benedict xvi will be called emeritus pope and carry the title of his holiness after he steps down on thursday. on monday benedict received the results of an internal investigation into vatican document leaks. the vatican denied that anything in the report contributed to benedi benedict's historic decision to abdicate. >>> former u.s. surgeon general c. everett coop died yesterday. he was 96 years
u.s. embassy officials say there's no indication that any americans were among the victims. for the second time in a week, a major winter storm is bearing down on the midwest. heavy snow and high winds caused whiteouts on monday in texas and oklahoma panhandle. the blizzard conditions are now moving east, closing schools today in parts of kansas. it cou they could get up to two feet of snow. >>> president obama take his budget battle to a ship building yard in virginia to highlight the...
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Feb 26, 2013
02/13
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WBAL
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the best picture oscar for "argo," ben affleck's movie celebrating the rescue of 6 u.s. embassy employees from post-revolutionary iran is long-delayed justice for the americans left behind and held hostage for 444 days beginning in 1979. >> this is an act of terrorism, totally outside the bounds of international law and diplomatic tradition. >> the hostages went through a horrifying ordeal, brutally interrogated, kept naked in cells in subfreezing temperatures. >> they stood me up, blindfolded me, tied my hands behind my back. >> reporter: then a marine corps guard, twice subjected to mock executions, an experience briefly depicted in argo. >> i thought i was going to be shot right there. >> reporter: other former hostages are still angry over their treatment and want compensation from the government. >> this is the big fish. and the big fish is accountability. that what was done at this point -- they got away with it. >> reporter: until now the hostage's efforts have been blocked by a 1981 agreement known as the algiers accord that led to the hostages release. they relu
the best picture oscar for "argo," ben affleck's movie celebrating the rescue of 6 u.s. embassy employees from post-revolutionary iran is long-delayed justice for the americans left behind and held hostage for 444 days beginning in 1979. >> this is an act of terrorism, totally outside the bounds of international law and diplomatic tradition. >> the hostages went through a horrifying ordeal, brutally interrogated, kept naked in cells in subfreezing temperatures. >>...